Unplanned inventory decreases prompt firms to cut back on production until equilibrium output is restored

Assume that the economy is in long-run equilibrium. A shift in the aggregate demand curve will change

A) only the price level in the long run B) only the output level in the long run C) both the price level and the output level in the long run D) neither the price level nor the output level in the short run E) only the price level in the short run and only the output level in the long run

An asset that derives its value from some other underlying asset is a

A) stock. B) bond. C) derivative. D) CD.